Ha-Joon Chang - Since the 1980s, we have given the rich a bigger...

Since the 1980s, we have given the rich a bigger slice of our pie in the belief that they would create more wealth, making the pie bigger than otherwise possible in the long run. The rich got the bigger slice of the pie all right, but they have actually reduced the pace at which the pie is growing.

Ha-Joon Chang

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Ha-Joon Chang Quotes

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Since the 1980s, we have given the rich a bigger slice of our pie in the belief that they would create more wealth, making the pie bigger than otherwise possible in the long run. The rich got the bigger slice of the pie all right, but they have actually reduced the pace at which the pie is growing. Ha-Joon Chang

They Said So®

Keywords

1980s rich bigger slice pie belief create wealth making long run reduced pace growing

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